In a defining moment for India’s commercial vehicle industry, SML Mahindra Ltd., formerly SML Isuzu Ltd., joined hands with the Mahindra Truck and Bus Division (MTBD) to host a Joint Financiers Meet on Thursday, Oct 9th 2025 at Mahindra Towers, Worli, Mumbai. The event marked the first collaborative initiative following the company’s rebranding and integration with Mahindra, symbolizing a strong beginning to a new era of shared vision and accelerated growth.
The meet brought together senior leadership from both organizations along with representatives from
leading banks, financial institutions, and NBFCs, reaffirming a collective commitment to strengthening
the financial ecosystem for dealers, transporters, and fleet operators. Discussions focused on enhancing
credit accessibility, introducing flexible financing schemes and driving digital enablement to make vehicle
ownership and fleet expansion simpler and more efficient.
Mr. Vinod Sahay, Executive Chairman – SML Isuzu Ltd.; President – Aerospace, Defense, Construction Equipment, Trucks & Buses, and Member of the Group Executive Board at Mahindra Group, emphasized the strategic significance of the partnership, highlighting how the combined strengths of both organizations will deliver greater value to customers. He noted that Mahindra’s extensive financial network and customer reach, coupled with SML’s legacy of trust & excellence in the light and intermediate commercial vehicle segment, lay a strong foundational underpinning for an ever-sustained market growth trajectory.
Dr. Venkat Srinivas, Executive Director & CEO, SML Isuzu Ltd., and Business Head – Mahindra Truck and Bus and Construction Equipment, shared insights on the company’s transformation journey, upcoming roadmap, and its renewed commitment to customer-centricity under the redefined/renewed SML Mahindra identity. He underlined the importance of close collaboration with financial partners in enabling seamless retail and fleet funding, empowering every small and medium transport operators and thereby leveling up the entire transportation fraternity/landscape across the length & breadth of country.
The interactive session encouraged dialogue on emerging market trends, opportunities in logistics and rural mobility and the critical role of innovative financing in driving business sustainability. Financiers expressed optimism about the new entity’s potential to deliver value through stronger collaboration and a sharper customer focus.
The meet concluded on an optimistic note, celebrating not only the genesis/evolution of SML Mahindra Ltd. but also a renewed spirit of partnership between two industry leaders, coming together to drive India’s road transport ecosystem toward a smarter, more connected and customer-driven, chartering new in-roads to a promising, profitable and bright looking future.
SML Mahindra — Driving Trust, Engineering Tomorrow.
